Oakland Michigan Registration Rights Agreement Agreement between VIA Net.Works, Inc. and certain stockholders

• Category: Corporations - Public - Registration
• State: Multi-State
• County: Oakland
• Control #: US-EG-9431
• Format: Word; Rich Text

Description

Registration Rights Agreement between VIA Net.Works, Inc. and certain stockholders dated September 29, 1999. 12 pages. Oakland Michigan Registration Rights Agreement is a legally binding contract between VIA Net. Works, Inc. and certain stockholders, aiming to protect the shareholders' investments in the company and provide them with specific rights related to the registration of their shares with regulatory authorities. This agreement ensures transparency, fairness, and compliance with applicable laws regarding the registration process. The Oakland Michigan Registration Rights Agreement establishes the rights and obligations of VIA Net. Works, Inc. and the stockholders with respect to the registration of the stockholders' shares. It typically includes the following key provisions: 1. Demand Registration Rights: This section outlines the stockholders' rights to request VIA Net. Works, Inc. to register their shares with the appropriate regulatory authorities upon demand. The agreement will specify the minimum number or percentage of shares required for a demand to be valid. 2. Piggyback Registration Rights: These rights allow the stockholders to include their shares for registration alongside VIA Net. Works, Inc.'s registration of its own securities for an initial public offering (IPO) or other public offerings. This provision ensures that stockholders have an opportunity to sell their shares in the event of a public offering. 3. Registration Expenses: The agreement also addresses the allocation of expenses associated with the registration process, such as legal, accounting, and filing fees. It clarifies whether VIA Net. Works, Inc. or the stockholders will bear these costs or how they will be shared. 4. Lock-Up Period: In some cases, the agreement may include a lock-up period, during which stockholders are prohibited from selling their shares following a public offering. This provision intends to prevent a significant influx of shares into the market, which could lead to instability or a decrease in share value. 5. Indemnification: The agreement outlines the indemnification provisions, which protect VIA Net. Works, Inc. from any losses, expenses, or liabilities that may arise from inaccuracies or omissions in the registration statement or non-compliance with securities laws. It also clarifies the extent of VIA Net. Works, Inc.'s indemnification obligations. 6. Successors and Assigns: This provision ensures that the rights and obligations of the agreement are binding upon and inure to the benefit of the parties involved, as well as their successors, assigns, and legal representatives. VIA Net. Works, Inc. may have different types of registration rights agreements with its stockholders, including the Basic Registration Rights Agreement and the Extended Registration Rights Agreement. These types of agreements may vary in terms of the number of shares required for demand registration, the duration of piggyback registration rights, or additional rights and restrictions put forth for the benefit of the stockholders. Overall, the Oakland Michigan Registration Rights Agreement aims to protect the interests of VIA Net. Works, Inc.'s stockholders and ensure a fair and transparent process for registering their shares with regulatory authorities in compliance with applicable securities laws.

Oakland Michigan Registration Rights Agreement is a legally binding contract between VIA Net. Works, Inc. and certain stockholders, aiming to protect the shareholders' investments in the company and provide them with specific rights related to the registration of their shares with regulatory authorities. This agreement ensures transparency, fairness, and compliance with applicable laws regarding the registration process. The Oakland Michigan Registration Rights Agreement establishes the rights and obligations of VIA Net. Works, Inc. and the stockholders with respect to the registration of the stockholders' shares. It typically includes the following key provisions: 1. Demand Registration Rights: This section outlines the stockholders' rights to request VIA Net. Works, Inc. to register their shares with the appropriate regulatory authorities upon demand. The agreement will specify the minimum number or percentage of shares required for a demand to be valid. 2. Piggyback Registration Rights: These rights allow the stockholders to include their shares for registration alongside VIA Net. Works, Inc.'s registration of its own securities for an initial public offering (IPO) or other public offerings. This provision ensures that stockholders have an opportunity to sell their shares in the event of a public offering. 3. Registration Expenses: The agreement also addresses the allocation of expenses associated with the registration process, such as legal, accounting, and filing fees. It clarifies whether VIA Net. Works, Inc. or the stockholders will bear these costs or how they will be shared. 4. Lock-Up Period: In some cases, the agreement may include a lock-up period, during which stockholders are prohibited from selling their shares following a public offering. This provision intends to prevent a significant influx of shares into the market, which could lead to instability or a decrease in share value. 5. Indemnification: The agreement outlines the indemnification provisions, which protect VIA Net. Works, Inc. from any losses, expenses, or liabilities that may arise from inaccuracies or omissions in the registration statement or non-compliance with securities laws. It also clarifies the extent of VIA Net. Works, Inc.'s indemnification obligations. 6. Successors and Assigns: This provision ensures that the rights and obligations of the agreement are binding upon and inure to the benefit of the parties involved, as well as their successors, assigns, and legal representatives. VIA Net. Works, Inc. may have different types of registration rights agreements with its stockholders, including the Basic Registration Rights Agreement and the Extended Registration Rights Agreement. These types of agreements may vary in terms of the number of shares required for demand registration, the duration of piggyback registration rights, or additional rights and restrictions put forth for the benefit of the stockholders. Overall, the Oakland Michigan Registration Rights Agreement aims to protect the interests of VIA Net. Works, Inc.'s stockholders and ensure a fair and transparent process for registering their shares with regulatory authorities in compliance with applicable securities laws.